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Piramal Pharma on Tuesday reported net profit of Rs 4 crore in Q3FY25.

Bajaj Auto’s standalone net profit rose for the December quarter but lagged market estimates, as sales of the company’s two-wheelers and commercial vehicles declined in the domestic market amid weak demand and a slowing economy.

Suzlon Energy Q3 net profit up 91% to Rs 387 crore

Updated at : 2025-01-28 21:20:02

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Wind energy major Suzlon Energy reported a 91% increase in consolidated net profit driven by volume and margin expansion on Tuesday.

State-run Mahanagar Gas Ltd (MGL) on Tuesday reported a 30% fall in net profit for the third quarter. A reduction in gas allocation under the administered price mechanism (APM) hurt profitability.

Yields on the 10-year benchmark sovereign bond softened four basis points to 6.64% Tuesday in the early hours of trading, responding to the Reserve Bank of India (RBI) measures on Monday to ease system liquidity.

Prudent Corporate Advisory Services, a retail wealth management services firm, reported a 45% year-on-year growth in revenue from operations, reaching Rs 820.5 crore for the quarter ended December 2024.

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According to analysts and jewellers, gold prices will remain volatile this week, ahead of the Union Budget, which will be tabled on February 1. In the physical market, gold traded at Rs 80313 per 10 gm on Tuesday.

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Technology shares steadied on Tuesday, led by a modest recovery in Nvidia after its record-breaking wipeout in market value in a rout sparked by a low-cost Chinese artificial intelligence model that may threaten the dominance of U.S. rivals.

Gold prices declined by Rs 160 per 10 grams in the national capital on Tuesday, extending the losses to the second day due to sluggish demand from jewellers and retailers, according to the All India Sarafa Association.

Sajjan Jindal-led JSW Energy on Tuesday reported a 32% drop in consolidated profit at Rs 157 crore against Rs 232 Crore in the same period last year.

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